, they still oppose the president's idea to raise taxes on the wealthy. instead, republican leaders want to limit tax deductions and loopholes without an agreement. across-the-board tax hikes will take effect on january 1 without an agreement. here's a breakdown of what would happen. for households earning 20 to $40,000, the tax increase would be $1,200. for householder, 40 to $64,000, the tax hike would be $2,000. and with those incomes of $64,000 up to 6 figures, it would be a $3,500 tax increase. >>> it's not all dire economic news. retailers are still looking for workers this holiday season. why that's encouraging news for businesses. >>> and some amazing video from a jewelry store. a toddler leaves justifies before a car crashes in. ,,,,,,,,,,,,,,,, steady improvement in hiring. but wall street isn't too . as >>> consumer confidence is at its highest level in almost 5 years boosted by a steady improvement in hiring but wall street isn't too impressed by the numbers as stocks are down for the day. you can see right now, the dow is down 58. >>> even though we're in the middle of the h